Roblox Shares Skyrocket on Better-Than-Expected Earnings
Online entertainment company $Roblox(RBLX.US)$ saw a slight decline in users last month after its platform suffered a roughly 70-hour outage over Halloween weekend.
AMC Reports Narrower Loss as Moviegoers Return
The chain reported nearly 40 million attendees during the latest quarter, compared with about 22 million in the June quarter, but CEO Adam Aron said $AMC Entertainment(AMC.US)$'s business still isn't where it needs to be.
Robinhood Hack Exposes Millions of Customer Names, Email Addresses
The trading app said the incident took place last week and that the breach has since been contained.$Robinhood(HOOD.US)$
Tesla Stock Falls After Musk Promises to Sell 10% of Stake
$Tesla(TSLA.US)$'s shares fell after Twitter users, in an online poll, directed CEO Elon Musk to sell one-tenth of his stock, valued at around $21 billion.
Newcrest to Acquire Pretium Resources
$NEWCREST MINING(NCMGY.US)$ has struck a deal to buy the rest of the shares of Pretium Resources Inc. in a deal with an equity value of about C$3.5 billion.
PayPal's Venmo strikes new partnership with Amazon; earnings outlook comes up short
$PayPal(PYPL.US)$ fell short of expectations Monday with its holiday-quarter outlook while also announcing a new arrangement with $Amazon(AMZN.US)$ through which Venmo users will be able to use the service as a checkout option on the e-commerce giant's platform.
Facebook Documents Accelerate EU Push to Regulate Social Media
After a series of meetings with whistleblower Frances Haugen, European Union policy makers called to act quickly to toughen and enact measures in a bill that aims to impose tighter rules on tech platforms. $Meta Platforms(FB.US)$
McAfee to Sell Itself to a Private-Equity-Led Group
The security-software company $McAfee(MCFE.US)$ it would be acquired by an investor group for around $12 billion in cash, about a year after it went public.
McDonald's CEO Apologizes for Text Exchange About Shooting Deaths
Chris Kempczinski plans to address U.S. employees. "I am learning from this," the $McDonald's(MCD.US)$ CEO said.
Indonesia-Focused Alpha JWC Closes $433 Million Venture-Capital Fund
The tech investor's third raise is more than double its first two funds combined
Comment(0)
Reason For Report